Trump family-affiliated company AI Financial acquires Block Street for $43 million


According to Fortune magazine, the publicly traded cryptocurrency company AI Financial (formerly Alt5 Sigma), associated with the Trump family of the United States, completed a $43 million deal last week to acquire the cryptocurrency infrastructure company Block Street.
Company records show that Block Street was only registered in Nevada in late October. AI Financial's advisor, who is also the CEO and largest shareholder of Block Street, Matthew Morgan, stated that he founded the company approximately 16 months ago. Morgan said that the acquisition of Block Street was not for proprietary trading.
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